IDS (%)

EPS ($)

Operating Profit ($B)

Tax Rate

Range**

Cap Ex

($B)

GAAP

N/A

$2.17 - $2.27

$2.4 - $2.5

24.0% - 24.5%

$3.0 - $3.2

Adjusted*

2.0% - 2.25%

$2.15 - $2.25

$2.9 - $3.0

22.5% - 23.0%

N/A

* Without adjusted items, if applicable; Operating profit represents FIFO Operating Profit. Kroger is unable to provide a full reconciliation of the GAAP and non-GAAP measures used in 2019 guidance without unreasonable effort because it is not possible to predict certain of our adjustment items with a reasonable degree of certainty. This information is dependent upon future events and may be outside of our control and its unavailability could have a significant impact on 2019 GAAP financial results.

** These rates reflect typical tax adjustments and do not reflect changes to the rate from the completion of income tax audit examinations, which cannot be predicted.